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Malaysia Power Grid Project - Semi-Finished Conductors Supply

Project Information:

Owner: Tenaga Nasional Bhd (TNB)

Purchaser: MASTER TEC WIRE & CABLE SDN BHD

Awarded Date: 2024.08

What We Supplied:

SF STRANDING-ALLOY CL2MT 25MM2

SF STRANDING-ALLOY CL2MT 70MM2

SF STRANDING-ALLOY CL2MT 120MM2

Project News:

Malaysia has made significant progress in the development of its power sector in recent years. The country is committed to developing a diversified energy structure to reduce dependence on a single energy source. This includes fossil fuels (such as natural gas and coal), renewable energy (such as solar, wind, and biomass), and nuclear energy.

The Malaysian government is promoting the development of renewable energy, particularly solar power. Malaysia's solar photovoltaic (PV) installed capacity has been growing annually, and the government has introduced a series of policies and incentives to encourage investment and construction of solar projects.

Malaysia is investing in smart grid technology to improve the efficiency and reliability of the power grid. Smart grids can help better manage power demand and supply, reduce energy waste, and enhance the integration of renewable energy.

The Malaysian government is promoting the liberalization of the electricity market, allowing more private enterprises to participate in power production and supply to increase efficiency and competitiveness.

Malaysia is also promoting energy efficiency by promoting energy-saving technologies and products, as well as implementing energy efficiency standards and labeling programs.

Malaysia has cross-border power cooperation projects with neighboring countries such as Singapore and Indonesia, optimizing the allocation of power resources through interconnected power grids.

With increasing attention to climate change and sustainable development, Malaysia is also paying more attention to environmental impact and social responsibility in power development, promoting clean energy projects and reducing greenhouse gas emissions.

To meet the growing demand for electricity, Malaysia has increased investment in power infrastructure, including the construction of new power plants and transmission lines.

To ensure the sustainability of the power industry, Malaysia is also gradually reforming electricity subsidy policies to reflect market actual prices.

Malaysia is actively participating in global climate change response actions, committing to reducing greenhouse gas emissions and implementing related measures in the power industry.